Which Company Agreed to Acquire Maverick Power for $1.75 Billion?

nVent Electric’s Major Data-Center Acquisition | Current Affairs 2026

nVent Electric has entered into an agreement to acquire Maverick Power for $1.75 billion, strengthening its position in the rapidly expanding data-center infrastructure market.

Maverick Power specialises in engineered power-distribution and infrastructure solutions for data centers. The acquisition will add power-distribution capabilities to nVent’s portfolio and support the growing demand for infrastructure driven by AI and high-performance computing.

The deal could also include up to $550 million in additional performance-based consideration tied to 2027 and 2028 targets.

📚 CURRENT AFFAIRS QUICK REVISION

Question: Which company has agreed to acquire Maverick Power for $1.75 billion to expand its data-center infrastructure business?

✅ Answer: nVent Electric 💰

🔑 Key Facts:
• Acquirer: nVent Electric
• Target: Maverick Power
• Deal value: $1.75 billion
• Sector: Data-center infrastructure
• Focus: Power distribution solutions
• Expected closing: Q4 2026

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